Yes this is why I have started investing money into altcoins more and more now. I have taken this as positive news for me because when the news came out people actually started selling off everything they had and the price dropped a lot. Which I know is just peace of manipulation by Chinese government. I don't care what China does but I know what's right thing to do at this time which is buying of more and more coins now. :-)
It's pity that most of the people fall for this and ruin their investments with shitty news. But anyway may be that's the way this market works. If such people doesn't exist then how could the price drop and let us trade more money.
Topic: Do not let Chinese gov take free money off you - page 2. (Read 855 times)
China banned bitcoin like 5 times in the past, this "news" isn't even news nor has it anything to do with the recent correction in the market. People take profit in any market and that is what is happening.
The regulation calls all these fundraising techniques "illegal" when that is something they just came up with right now and will likely blow over as soon as they see how stupid their decisions are.
The regulation calls all these fundraising techniques "illegal" when that is something they just came up with right now and will likely blow over as soon as they see how stupid their decisions are.
Yeah surely this is what happening in the market and Chinese are very heroic in fluctuating the economy of market. This is not good thing for us but very nice thing for china as they might be cooking something which we don't understand. This country is crazy in the things they do but they benefit themselves always. They will definitely resume everything for sure and the investment into ICO will be regular from china side for sure. Just keep our investment as it is by ignoring them. That's the best option.
China banned bitcoin like 5 times in the past, this "news" isn't even news nor has it anything to do with the recent correction in the market. People take profit in any market and that is what is happening.
The regulation calls all these fundraising techniques "illegal" when that is something they just came up with right now and will likely blow over as soon as they see how stupid their decisions are.
The regulation calls all these fundraising techniques "illegal" when that is something they just came up with right now and will likely blow over as soon as they see how stupid their decisions are.
We can't do nothing against china. They think they can control bitcoin community, but this won't happen, never-ever. We'll be keep being free and support our digital assets. They may ban it, forbide it, we don't care.
The future will be brighter than ever for bitcoin and us.
Canada is also making some regulations about icos, and now China. But how that can stop people from investing in icos? I think governments and some banks are afraid, and they are starting to show that with this regulations. Billions of dollars are coming in crypto market and they don't have nothing from that.
What can they do to stop people from using some other ways to trade with icos and earn money on that? It can be illegal, and what? Drugs are illegal and you can find it everywhere, so what can they do? Call for war against icos?
What can they do to stop people from using some other ways to trade with icos and earn money on that? It can be illegal, and what? Drugs are illegal and you can find it everywhere, so what can they do? Call for war against icos?
China banned bitcoin like 5 times in the past, this "news" isn't even news nor has it anything to do with the recent correction in the market. People take profit in any market and that is what is happening.
The regulation calls all these fundraising techniques "illegal" when that is something they just came up with right now and will likely blow over as soon as they see how stupid their decisions are.
The regulation calls all these fundraising techniques "illegal" when that is something they just came up with right now and will likely blow over as soon as they see how stupid their decisions are.
I think this is a Chinese government regulation that keeps its people from being deceived by ICO. We see a lot of ICO emerging and worrying. All the money holders interested in joining, this kind of worry that the banking world in China is not stable.
just a stupid opinion that I give. Sorry.
just a stupid opinion that I give. Sorry.
Ugh. this. I see the point of view of the Chinese government. There are sooo much new and soon to open ICOs that it's getting pretty obvious why plenty of ICOs are opening. It really is easy cash for them. You don't even need a product! You just need a Wordpress/Wix site, spend a few days on the whitepaper, create a "team" that consists of non-real people, hype it up a bit on social media with some paid ads on some crypto-related website, then you're good to go. Not to mention a good percentage of those ICOs will most likely disappear in a few months or a few years.
I must say I agree with you. It's exactly like you said. It's way to easy to form ICOs, and they are just generating way to much money most of the time with not real product. Since crypto is so active in China, this could really have an impact on their country. The only problem, is that they are also not allowing users to exchange BTC for fiat. At least that's what I heard, and that I don't understand.
I think this is a Chinese government regulation that keeps its people from being deceived by ICO. We see a lot of ICO emerging and worrying. All the money holders interested in joining, this kind of worry that the banking world in China is not stable.
just a stupid opinion that I give. Sorry.
just a stupid opinion that I give. Sorry.
Ugh. this. I see the point of view of the Chinese government. There are sooo much new and soon to open ICOs that it's getting pretty obvious why plenty of ICOs are opening. It really is easy cash for them. You don't even need a product! You just need a Wordpress/Wix site, spend a few days on the whitepaper, create a "team" that consists of non-real people, hype it up a bit on social media with some paid ads on some crypto-related website, then you're good to go. Not to mention a good percentage of those ICOs will most likely disappear in a few months or a few years.
I think this is a Chinese government regulation that keeps its people from being deceived by ICO. We see a lot of ICO emerging and worrying. All the money holders interested in joining, this kind of worry that the banking world in China is not stable.
just a stupid opinion that I give. Sorry.
just a stupid opinion that I give. Sorry.
Guys don't let this market manipulation to take money away from you. If Chinese "SEC" has so much power to suppress NEO and ICO's down, why wouldn't they leverage it and throw some money at it and on the ICO's they already know that they will approve (unlike the other ones that they will kill). Don't let manipulating news like this influence your opinion on the greatest invention of this century.
Jump to: